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TVING

From Wikipedia, the free encyclopedia
South Korean online streaming platform

TVING
Logo of TVING
Screenshot of TVING homepage on July 7, 2021
Native name
주식회사 티빙
Type of site
OTT platform
FoundedMay 31, 2010; 15 years ago (2010-05-31)
Area servedSouth Korea
Owners
Key peopleChoi Ju-hee (CEO)
URLwww.tving.com(in Korean)
Users4.2 million (As of 2024[update])[1]

TVING (Korean티빙) is a South Koreansubscription video on-demand,over-the-top,streaming television service operated byTVING Corporation, a joint venture comprisingCJ ENM Entertainment Division (CJ Group),Naver andJTBC by its JTBC Studios, now calledSLL.[2][3] TVING distributes televisionseries,specials,variety shows, films, documentaries, animations, and sports.[4][5]

History

[edit]

TVING was launched on May 31, 2010, by CJ HelloVision.[6] In January 2016, the service was transferred to CJ E&M.[7] On September 17, 2019, CJ E&M and JTBC Studios, nowSLL signed anMOU to establish a new joint venture company to operate the service.[8] On October 1, 2020, the joint venture company was launched as TVING Corporation and Yang Ji-eul became the first CEO of the entity.[9] On April 29, 2021, TVING announced that it would no longer provide real-time TV channels for free with paid subscription needed in order to view the content moving forward.[10] On June 30, 2021, it was announced thatNaver has invested40 billion into TVING Corporation, making Naver the second largest shareholder group at 15% after CJ E&M.[11][12]

During the TVING Connect online event, TVING announced plans to launch the service in Japan and Taiwan by 2022. TVING is also in talks with Naver subsidiaryLine Corporation for launching the platform in other Asian countries, along with the United States and Europe.[13] As of August 2025[update], they haven't rolled out their global expansions as they planned.

In December 2021, TVING announced a paternship featuring CJ content withParamount Global (formerly ViacomCBS) and launchParamount+ as a content hub on TVING, which was set to be launched on June 16, 2022.[14] It also announced that it would release K-dramas co-produced by both CJ (includingStudio Dragon and newly formed CJ ENM Studios) and Paramount.[15][16] The partnership was eventually ended as Paramount Global having their financial struggle.[17]

In July 2022,CJ ENM and telecom giantKT announced that KT-owned streaming platformSeezn [ko] will be merging with TVING.[18][19] It was also confirmed that once the merger is finalized, TVING will become South Korea's largest streaming platform and will be competing againstNetflix, which has dominated the Korean streaming markets.[20] The merger was approved by theKorean Fair Trade Commission in October 2022.[21] They also planned to merged with one of their local competitor,SK Telecom'sWavve [ko], to gap against Netflix.[22]

On June 29, 2023, Choi Ju-hee was appointed as the new CEO of TVING.[23]

Logo

[edit]
  • 2016–2020
    2016–2020
  • 2020–2022
    2020–2022
  • 2022–present
    2022–present

Programming

[edit]
Main article:List of TVING original programming

Availability

[edit]
Availability timeline
Release dateCountry/TerritoryRef.
October 1, 2020South Korea[9]

See also

[edit]

References

[edit]
  1. ^Brzeski, Patrick (August 14, 2024)."Tving Begins to Make Gains on Netflix in Korea's Streaming Market: Study".The Hollywood Reporter. RetrievedFebruary 2, 2025.
  2. ^Lee, Jung-hyun (September 17, 2019)."지상파 이어 CJ ENM-JTBC도 OTT 출범 '맞손'" [Following terrestrial broadcasting, CJ ENM-JTBC also launched OTT 'joint hand'].Yonhap News Agency (in Korean).Archived from the original on July 17, 2021. RetrievedJuly 17, 2021 – viaNaver.
  3. ^Park, Jong-jin (October 2, 2020)."CJ ENM·티빙 분사 완료...JTBC 등과 합작 본격화" [CJ ENM, TVING spin-off completed ... full-scale collaboration with JTBC].Electronic Newspaper (in Korean).Archived from the original on July 17, 2021. RetrievedJuly 17, 2021 – viaNaver.
  4. ^Lee, Soo-ki (May 3, 2021)."Local OTT services become more popular as Netflix stalls".Korea JoongAng Daily.Archived from the original on May 22, 2021. RetrievedMay 22, 2021.
  5. ^"New TVING Original Lineup for 2025".CJ Newsroom.CJ Group. February 27, 2025.Archived from the original on April 9, 2025. RetrievedApril 9, 2025.
  6. ^Kim, Tong-hyung (May 31, 2010)."Cable television plugged into Internet".The Korea Times.Archived from the original on July 17, 2021. RetrievedJuly 17, 2021.
  7. ^Yoon, Sung-won (November 30, 2016)."CJ E&M pushing to revitalize internet-based broadcast platform".The Korea Times.Archived from the original on July 17, 2021. RetrievedJuly 17, 2021.
  8. ^Hwang, Hye-jin (September 17, 2019)."JTBC, CJ ENM와 MOU 체결 "OTT 합작법인 출범"(공식)" [Signed MOU with JTBC and CJ ENM "launch of OTT joint venture"].Newsen (in Korean).Archived from the original on July 17, 2021. RetrievedJuly 17, 2021 – viaNaver.
  9. ^abYoon, Ji-hye (October 5, 2020)."CJ ENM, 티빙 물적분할 완료" [CJ ENM completes the division of TVING].iNews 24 (in Korean).Archived from the original on July 17, 2021. RetrievedJuly 17, 2021 – viaNaver.
  10. ^Ham, Na-yan (March 29, 2021)."[전문] 티빙, 실시간TV 무료로 못 본다 (공식)" [[Full text] TVING, real-time TV cannot be watched for free (Official)].Sports Donga (in Korean).Archived from the original on July 7, 2021. RetrievedJuly 7, 2021 – viaNaver.
  11. ^Han, Kyung-woo (June 30, 2021)."CJ ENM "티빙, NAVER 대상 400억원 규모 3자배정 유상증자" [주목 e공시]" [CJ ENM "TVING, capital increase of 40 billion won for NAVER" [Notice e-disclosure]].The Korea Economic Daily (in Korean).Archived from the original on July 17, 2021. RetrievedJuly 17, 2021 – viaNaver.
  12. ^Frater, Patrick (July 1, 2021)."Korea's Naver Expands Investment in CJ ENM Streamer TVING".Variety.Archived from the original on July 2, 2021. RetrievedJuly 17, 2021.
  13. ^Kim, Bo-ram (October 18, 2021)."TVING plans to launch service in Japan, Taiwan next year, in U.S. in 2023".Yonhap News Agency.Archived from the original on December 1, 2022. RetrievedMarch 10, 2023.
  14. ^Lee, Jian (May 24, 2022)."Paramount+ to launch in Korea next month in partnership with TVING".Korea JoongAng Daily.Archived from the original on May 24, 2022. RetrievedMay 24, 2022.
  15. ^"ViacomCBS and CJ ENM Ink Global Content Pact, Will Launch Paramount Plus in South Korea".Variety. December 7, 2021.Archived from the original on April 30, 2022. RetrievedDecember 8, 2021.
  16. ^Ravindran, Manori (February 15, 2022)."'Sexy Beast' Prequel Among Offerings in Paramount Plus International Scripted Slate (EXCLUSIVE)".Variety.Archived from the original on March 24, 2022. RetrievedFebruary 15, 2022.
  17. ^Frater, Patrick; Spangler, Todd (May 22, 2024)."Paramount Global and Korea's CJ ENM Scale Back Strategic Partnership".Variety. RetrievedFebruary 7, 2024.
  18. ^"TVING and Seezn will merge to form Korea's largest streaming service".Korea JoongAng Daily. July 14, 2022.Archived from the original on July 14, 2022. RetrievedJuly 14, 2022.
  19. ^Frater, Patrick (July 17, 2022)."TVING and Seezn Korean Streaming Platforms to Merge".Variety.Archived from the original on July 21, 2022. RetrievedJuly 19, 2022.
  20. ^"TVING and Seezn may merge as Netflix trounces market".Korea JoongAng Daily. July 13, 2022.Archived from the original on July 18, 2022. RetrievedJuly 13, 2022.
  21. ^Frater, Patrick (October 31, 2022)."Korean Regulator Approves Merger of Streamers TVING and Seezn".Variety.Archived from the original on November 10, 2022. RetrievedNovember 3, 2022.
  22. ^Middleton, Richard (November 29, 2024)."Korea's CJ ENM and SK Group invest to power Netflix competitor".Broadcast Now. RetrievedDecember 4, 2024.
  23. ^Yoon, ki-baek (June 29, 2023)."티빙 새 대표에 최주희 전 트렌비 CBO" [Choi Joo-hee, former CBO of Trenvi, appointed as new representative of Tiving].eDalily (in Korean).Archived from the original on January 31, 2024. RetrievedJanuary 31, 2024 – viaNaver.

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